NOT LISTED FOR SALE

Estimated Value: $1,487,000 - $2,456,296

2 Beds
2 Baths
1,630 Sq Ft
$1,068/mo HOA Fee

Last Sold February 06, 2015

Last sale price $2,150,000 $1,319 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $14,891/month

269 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Entrance Foyer
  • P.S. 40 Augustus Saint-Gaudens Rated A
  • Pre War Building
  • 1-minute walk to Stuyvesant Square

About This Home

As of February 2015

Chic Gramercy Park Loft

This fashionable and thoroughly renovated two-bedroom loft condominium is located in the Rutherford, a spectacular Beaux Arts brick and limestone building built byJP Morgan and completed in 1903. Measuring approximately 1,630 square feet, this apartment is located on the seventh floor, with sunny exposures to the north, east and south.

An open plan great room configuration runs north to south, from a double-height living room and adjoining dining room, to a separate kitchen with a large cased openingwhile a recently restored industrial metal and wood staircase acts as a focal point at the space's center. The kitchen includes all new cabinets, a Subzero fridge, a Viking range, a Bosch dishwasher, hardwood floors and Zodiaq Calacatta Natura marble on the counter top and backsplash. Additional features of this apartment include a light-flooded master bedroom suite with southern views of Stuyvesant Square Park and downtown Manhattan, Calacatta Gold Marble and Waterworks fixtures in both bathrooms, and a second bedroom whose location on the third floor provides total privacy for the master. A venter washer/dryer is installed on the first floor.

Rutherford Place is a full-service condominium with a 24-hour doorman and live-in Superintendent, a roof deck, a gym, laundry on every floor, and a bike room. This pet-friendly building is located just south of Gramercy Park, nearby Union Square and the East Village, and immediately to the north of Stuyvesant Park.

The current listed real estate taxes reflect the primary resident tax abatement of 17.5%.

Last Agent to Sell the Property

Amanda Young

Compass License #30YO0953048 Listed on: 11/08/2021

Compass

Co-Listed By

Adam Fischel

Compass License #10401276851

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,532

Year Built

  • Built in 1899

HOA Fees

  • $1,068 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 1,630 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Legal Lot and Block 7501 / 898

Community Details

Overview

  • Gramercy Park Subdivision
  • 10-Story Property

Amenities

  • Rooftop Deck
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,532

Year Built

Built in 1899

Lot Details

0

HOA Fees

$1,068 per month

Listing Details

  • Cross Street: East 17th Street/East 18th Street
  • Exposures: East,North,South
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Gramercy Park
  • Architectural Style: Prewar
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10

Interior Features

  • Interior Features: Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 1630.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1068.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 10
  • Year Built: 1899

Tax Info

  • Tax Block: 898
  • Tax Lot: 7501
  • Tax Annual: 29532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
J Donley Llc
Bought by
Ferdinandi Matthew Michael and Ferdinandi Vincent Michael
Current Estimated Value
$1,907,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,447,500
Outstanding Balance
$1,379,248
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$498,170

Purchase Details

Listed on
Nov 8, 2021
Closed on
Feb 6, 2015
Sold by
Rutherford Palace Llc
Bought by
J Donley Llc
Seller's Agent
Amanda Young
Compass
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.28%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ferdinandi Matthew Michael $1,930,000 --
J Donley Llc $2,189,238 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferdinandi Matthew Michael $1,447,500
Previous Owner 305 Second Avenue Associ $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 For Sale -- -- --
02/06/2015 02/06/15 Sold $2,150,000 0.0% $1,319 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $2,150,000 -- $1,319 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $40,528 $331,926 $31,045 $300,881
2024 $40,528 $324,171 $31,045 $293,126
2023 $40,563 $330,664 $31,045 $299,619
2022 $40,598 $367,233 $31,045 $336,188
2021 $43,389 $359,352 $31,045 $328,307
2020 $42,697 $398,016 $31,045 $366,971
2019 $41,718 $389,070 $31,045 $358,025
2018 $38,968 $350,204 $31,045 $319,159
2017 $37,237 $345,592 $31,045 $314,547
2016 $34,649 $317,972 $31,045 $286,927
2015 $18,125 $298,876 $31,045 $267,831
2014 $18,125 $287,154 $31,045 $256,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10774398

Real Estate Board of New York (REBNY)

APN: 0898-1139